04-03 13:43 Thursday
Zhao Changpeng: I am not interested in fancy models, my ideas are worthless, and execution is the key
According to a report by Coinjie.com, in response to a proposal for asset tokenization model issued by a user to Zhao Changpeng, Zhao Changpeng responded: "I am not interested in fancy models. And I never buy ideas. Ideas are worthless. Execution is the key. This is a passage I wrote before: My investment philosophy includes three key principles: 1. Focus on fundamentals: focus on the essence, namely product, user growth, revenue/profit, and the strength of the team. 2. Bet for a long time, enter and hold as early as possible: Early adopters often get disproportionate returns, and the best way is to hold investment for a long time, because major successes like Amazon or Google have developed over time. 3. Invest in founders with a sense of mission: Invest in founders and teams with a vision of exceeding profits. Great companies are derived from a sense of mission thinking, because founders who only focus on money tend to shake after achieving moderate success."
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